Wealthfront Advisers LLC Has $2.58 Million Holdings in Las Vegas Sands Corp. $LVS

Wealthfront Advisers LLC grew its position in shares of Las Vegas Sands Corp. (NYSE:LVSFree Report) by 163.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,958 shares of the casino operator’s stock after buying an additional 29,769 shares during the quarter. Wealthfront Advisers LLC’s holdings in Las Vegas Sands were worth $2,580,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Oppenheimer & Co. Inc. raised its position in Las Vegas Sands by 18.9% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 15,509 shares of the casino operator’s stock valued at $834,000 after purchasing an additional 2,468 shares during the last quarter. OPTIMAS CAPITAL Ltd grew its holdings in shares of Las Vegas Sands by 5.9% during the third quarter. OPTIMAS CAPITAL Ltd now owns 277,964 shares of the casino operator’s stock worth $14,952,000 after purchasing an additional 15,364 shares during the last quarter. Plato Investment Management Ltd acquired a new stake in shares of Las Vegas Sands in the third quarter valued at $675,000. Smartleaf Asset Management LLC raised its holdings in shares of Las Vegas Sands by 549.5% in the third quarter. Smartleaf Asset Management LLC now owns 630 shares of the casino operator’s stock valued at $35,000 after buying an additional 533 shares during the last quarter. Finally, Alps Advisors Inc. lifted its position in Las Vegas Sands by 2.4% during the 3rd quarter. Alps Advisors Inc. now owns 8,528 shares of the casino operator’s stock worth $459,000 after buying an additional 197 shares in the last quarter. 39.16% of the stock is owned by institutional investors and hedge funds.

Las Vegas Sands Stock Up 0.5%

NYSE:LVS opened at $57.10 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.14 and a debt-to-equity ratio of 7.58. Las Vegas Sands Corp. has a 12-month low of $30.18 and a 12-month high of $70.45. The stock’s fifty day simple moving average is $61.77 and its 200-day simple moving average is $58.57. The firm has a market capitalization of $38.37 billion, a P/E ratio of 24.40, a P/E/G ratio of 1.36 and a beta of 0.93.

Las Vegas Sands (NYSE:LVSGet Free Report) last released its earnings results on Wednesday, January 28th. The casino operator reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.08. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.33 billion. Las Vegas Sands had a return on equity of 91.40% and a net margin of 12.50%.The company’s quarterly revenue was up 26.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.54 earnings per share. Equities research analysts expect that Las Vegas Sands Corp. will post 2.6 earnings per share for the current year.

Las Vegas Sands Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Investors of record on Monday, February 9th will be given a $0.30 dividend. The ex-dividend date is Monday, February 9th. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. This is a boost from Las Vegas Sands’s previous quarterly dividend of $0.25. Las Vegas Sands’s payout ratio is presently 51.28%.

Insider Activity at Las Vegas Sands

In other news, major shareholder Miriam Adelson sold 77,991 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $67.56, for a total value of $5,269,071.96. Following the sale, the insider directly owned 23,333,441 shares of the company’s stock, valued at approximately $1,576,407,273.96. This represents a 0.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Patrick Dumont sold 135,603 shares of Las Vegas Sands stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $67.96, for a total value of $9,215,579.88. Following the transaction, the chief operating officer owned 446,608 shares of the company’s stock, valued at $30,351,479.68. The trade was a 23.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,082,053 shares of company stock worth $207,130,199 over the last three months. 1.20% of the stock is currently owned by insiders.

Las Vegas Sands News Roundup

Here are the key news stories impacting Las Vegas Sands this week:

  • Positive Sentiment: Board names Patrick Dumont as chairman & CEO (effective March 1). Dumont, the company’s president and COO since 2021, will take over top leadership — a succession that signals continuity of current strategy and operations and reduces near‑term governance uncertainty. Las Vegas Sands Board of Directors Appoints Patrick Dumont as Chairman and Chief Executive Officer
  • Positive Sentiment: Analyst upgrades: Zacks Research raised multiple EPS forecasts across quarters and fiscal years (including FY2026 to ~$3.08, FY2027 to ~$3.34 and FY2028 to ~$3.66, plus several quarterly boosts). Although Zacks still carries a “Hold” rating, higher estimates point to improved earnings momentum that can support the stock’s valuation.
  • Neutral Sentiment: Sands China awarded consecutive “Top Employer” certification — recognition for HR practices and long employee tenure in Macao. This is positive for retention and operations but is a longer‑horizon, lower‑impact item for near‑term stock moves. Sands China Awarded 2nd Consecutive “Top Employer” Certification

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Las Vegas Sands in a report on Monday, December 29th. Jefferies Financial Group reduced their target price on shares of Las Vegas Sands from $78.00 to $72.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. UBS Group raised their price target on shares of Las Vegas Sands from $67.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, December 8th. Wells Fargo & Company boosted their target price on Las Vegas Sands from $67.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 29th. Finally, Zacks Research lowered Las Vegas Sands from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 22nd. Twelve research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Las Vegas Sands currently has an average rating of “Moderate Buy” and an average price target of $68.55.

Get Our Latest Research Report on LVS

About Las Vegas Sands

(Free Report)

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.

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Institutional Ownership by Quarter for Las Vegas Sands (NYSE:LVS)

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